Post
Topic
Board Economics
Re: Government policies help to grow the price of bitcoin
by
Webetcoins
on 18/09/2021, 13:42:26 UTC
I don't expect much, as long as they don't ban their people from trading, mining and hoarding Bitcoin. I remember how China suppressed Bitcoin. It leaves bad short-term consequences for the market. If countries have a loosening policy with cryptocurrencies, this is certainly an opportunity for the cryptocurrency market to expand and expand its capitalization to compete with financial markets such as stocks and commodities.
Definitely there are many wrong policies and ways which are helping bitcoin and crypto to grow and develop in good ways because they are working to ban or restrict, and It's bring some new technology governments have to shame for their role in safeguard their own corrupt interest.

In this all still there are many countries those are interested to use bitcoin and bringing some soft and better legislation for their peoples. But overall we are facing some serious threats as well because recently in many countries they are controlling banking system and other financial institutions for checking bitcoin related business for punishment.